Andrew Welsch

Morgan Stanley has lost two advisor teams that managed more than $400 million in assets.

Morgan Stanley is reshaping its executive ranks, appointing new heads for its private wealth management business and capital markets.

Hoping to catch the baby boomer retirement wave, Merrill Lynch unveils a new approach to financial planning.

Raymond James has recruited a veteran advisor from Morgan Stanley where he managed more than $360 million.

Clients who suddenly come into newfound wealth can see that money dissipate just as quickly as it appeared. Advisors can be an anchor on financial reality. Here's how.

American investors' long-term financial goals are out of sync with the risks they're willing to take to reach them, a new survey finds.

Merrill Lynch lead the pack at the beginning of May, recruiting a team with $3 billion in AUM. Although the wirehouse firm had the biggest grab in recent weeks, it wasn't alone the only winner in the recruiting wars. See all the latest moves and promotions across the industry.

Stifel, Nicolaus & Company picked up two wirehouse teams that managed more than $1 billion in combined AUM, boosting the St. Louis-based firm's presence in the Carolinas to 18 offices from 15.

With clients worried about running out of money in retirement, should advisors give annuities a second look? Professor Moshe Milevsky think so.

As advisors work with an increasingly older clientele, it's imperative they arm themselves and their clients with the right documents to prepare for the inevitable.

A former Morgan Stanley advisor team that managed $600 million in assets has left the wirehouse to join forces with HighTower.

Former wirehouse complex manager Tony Sirianni launches Sirianni Strategy Group, a consulting and marketing firm, to help independent firms attract wirehouse advisors.

Investors not only want advisors to earn extra credentials, but they want advisors to work to maintain those credentials, a new study by IMCA finds.

Record net income from UBS Wealth Management Americas contributed to strong quarterly earnings for the Swiss bank.

Two former wirehouse advisors that managed more than $80 million in client assets have left Wells Fargo to join Raymond James & Associates, the firm's traditional employee/broker-dealer.

IMCA is updating the curriculum and exams for its CIMA certification to better prepare advisors for a changing industry, the association said at its annual conference.

A former wirehouse advisor team with $350 million in assets has left Wells Fargo to join RBC Wealth Management-U.S.

Alternative investments are reaching a much broader swath of investors. As a result, financial advisors are increasingly bombarded with questions from curious clients. Early adopters are in a position to answer these queries, but for the uninitiated advisor -- it's time to get up to speed.

The Cypress Group, a former Morgan Stanley team that managed about $740 million in assets, has left the wirehouse to join Integrated Wealth Management.

With nearly $400 million in assets, the trio will bring their new firm's assets to roughly $1.3 billion.